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4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

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How to Deal with Extended Lead Times and High Material Costs

Levelset

As reported by the US Census Bureau, the construction industry is experiencing the most significant price hike since the 1970s as specialty contractors carry the burden of upfront, out-of-pocket expenses required to start new jobs. Material Financing exists to make this a reality, providing financial flexibility and growth opportunities.

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Unique Tips For Managing Cash Flow In Your Contracting Company

Contractor Bookkeeping

Cash flow is the lifeblood of any construction company and especially the ones with annual sales volume under $1,000,000. Some construction Company experts even say that a healthy cash flow is more important than your contracting company''s ability to complete projects! What Makes Up Your Construction Company Cash Flow?

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Bank lines of credit are lifelines for many contractors, yet convincing a bank to provide or renegotiate a line of credit is not easy. Crunch the numbers – Banks like proactive business owners. MANAGEMENT |.

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Contractor Cash Flow Problems Caused By A Bookkeeping Troll

Contractor Bookkeeping

He was not aware of the extent of the problem because the bookkeeper hid the bounced check notices and intercepted the phone calls from the bank, the angry merchants and suppliers by applying for new credit cards in the contractors name to finance the house of cards. The contractor contacted us for help and advice.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. Mr. Rattner discussed the stress tests given by the Treasury Department to large banks that were receiving TARP funds. What would you do next week if you lost that job you had been banking on? MANAGEMENT |. ACCOUNTING |.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. About Us Contact Us Advertise Press Releases Upload Artwork Via FTP -->. For example, banks and other financial institutions put in stronger measures than many other industries. Home Contact Us About Us Subscribe Advertise Legal Disclaimer Site Map -->. MANAGEMENT |. ACCOUNTING |.

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